Factors Affecting Corporate Implementation of CSR: An Empirical Study of Taiwan

Abstract

Along with changes in the social environment Corporate Social Responsibility (CSR) has become an important issue worldwide There are many researches about CSR However most empirical studies in the past have usually focused on the impact of corporate social responsibility on financial performance relationships or the possible results of CSR implementation Only few scholars have discussed the circumstances under which companies will demonstrate willingness to enforce corporate social responsibility As a result this paper sorted out the variables used in previous academic papers and adds other variables that might affect CSR implementation To understand each variable’s result this research used Binomial Logistic Model to conduct the empirical experiment with the samples of Taiwanese listed companies during the period of 2008 to 2012 This research selected earnings per share ROA ROE cost of equity capital leverage ratio company size stock price and R&D expense as individual influential factors while system risk exchange risk and the poison Apple event are selected as general influential factors We used the CSR awards and the public CSR reports to evaluate the dependent variable and used this variable to find out the significant independent variables via Binomial Logistic Model As the result of empirical analysis the variables of company size system risk R&D expense and the poison Apple event are found to have significant correlations with the implementation of CSR

Date of Award	2014 Jul 11
Original language	English
Supervisor	Hsin-Hong Kang (Supervisor)